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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2019.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MXNCZK
Open High Low MXNCZK Price Change
1.206025 1.209595 1.203600 1.209195 +0.003170
Entry Signal

MarketClub’s Trade Triangles for MXNCZK

long term up The long term trend has been UP since Mar 21st, 2019 at 1.198390

intermediate term up The intermediate term trend has been UP since Mar 18th, 2019 at 1.185910

short term up The short term trend has been UP since Apr 18th, 2019 at 1.208145

Smart Scan Analysis for MXNCZK

Based on a pre-defined weighted trend formula for chart analysis, MXNCZK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.206025 1.209595 1.203600 1.209195 +0.003170
Prev. Close Volume Bid Ask Time
1.206025 1.208160 1.210230 2019-04-18 08:23:42
Want to analyze Mexican Peso/Czech Koruna MXNCZK or another symbol? Try our Free Forex Trend Analysis Report.